NaturalShrimp Inc (SHMP)

[GTF]

Got out at .62 Dodged a bullet.

To me it was so obvious to concentrate on LaCoste to keep expenses down, get the production cycle established from importation of Larvae to weekly shipments to local stores..thereby proving the method and consumer acceptance and profitablity. Then license the patent and production model and monitor and manage facilities around the world right there from Dallas.

Plus I see tons of shrimp selling in Costco..cooked with tails on selling to customers for what SHMP will need to sell to Costco to even make money.

As great a deal as Iowa was...and I initially thought it was smart... I now see it as too much reach using too much borrowed money.

They really needed to use crowdfunding to sell shares at much higher prices and no shitty loan terms.

Good luck to all.